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Tele-Intensive Care Unit (ICU) Market Analysis By Component (Hardware, Software), By Type (Intensivist, Co-managed, Open, Open With Consultants) And Segment Forecasts To 2024

Published: Mar 1, 2013 | Pages: 89 | Publisher: Grand View Research | Industry: Healthcare | Report Format: Electronic (PDF)

The global tele-ICU market is expected to reach USD 5.8 billion by 2024, according to a new report by Grand View Research, Inc. The reduction in ICU complications with the implementation of tele-ICU has fostered the demand for tele-ICU systems. The real-time monitoring and alarms systems assist clinicians to avoid vital sign deviations and reduce associated complications.

Tele-ICU enables real-time access to the patients' health records and increases clinical decision time, improving the overall healthcare delivery. This in turn boosts the demand for the tele-ICU service.

An important advantage associated with the implementation of tele-ICU system is the reduction in the length of the hospital stay. This reduces the overall costs incurred by patients, thus supporting the growth of tele-ICU systems.

Additionally, the rising geriatric population base and the increasing prevalence of chronic conditions, such as cancer, neurological, and other disorders,arefueling the usage of remote intensive care environment. The geriatric population is highly susceptible to these disorders. Monitoring chronic conditions in real time facilitates faster recovery. As the geriatric population is the key target population, the usage rate of tele-ICU market systems is anticipated to catapult over the forecast period.

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Further key findings from the study suggest:

Hardware components held a revenue share of around 80.0% in 2015. A greater volume of hardware components along with high associated costs have contributed to their growth in the tele-ICU market.

On the other hand, software components are projected to witness a lucrative growth over the forecast period. Upgrading the software periodically helps in increasing the efficiency and supports the increasing demand.

The market based on types is divided into intensivist, open, open with consultants, and co-managed. The open with consultant model held a substantial share in 2015. The scarcity of intensivist led to the expansion of the open with consultant model.

On the contrary, an intensivist model of care is likely to witness a remunerative growth over the forecast period. The sufficient availability of critical care staff over the forecast period is anticipated to contribute towards this segment's growth.

North America dominated this marketin 2015. Favorable infrastructure, geriatric population, and rising prevalence of chronic disorders governed the growth of tele-ICU service in this region.

Asia Pacific is anticipated to witness a sturdy growth over the forecast period. The key factors anticipated for the growth in the Asia Pacific region are economic developments, unmet needs of a large population base, supportive government initiatives to improve healthcare system, and booming electronic device industry

Some key vendors of tele-ICU include advanced ICU care, Banner Health, inTouch health, Philips, iMDsoft, UPMC Italy, INTELEICU, Tele ICU, INOVA, and VISICU. Partnerships with hospitals and collaborations with software and hardware vendors are the notable initiatives in this market.

For instance, in May 2014, InTouch Health broadened its acute and intensive care offerings by launching the FDA-approved application for iPad. This initiative helped the company to enrich its portfolio in critical care.
 Table of Contents

Chapter 1. Methodology and Scope
                     1.1. Research Methodology
                     1.2. Research Scope & Assumptions
                     1.3. List of Data Sources
Chapter 2. Executive Summary
                     2.1. Tele-ICU Market - Industry Snapshot and Key Buying Criteria, 2015
Chapter 3. Tele-ICU Industry Outlook
                     3.1. Tele-ICU Market Segmentation
                     3.2. Tele-ICU Market Size and Growth Prospects
                     3.3. Tele-ICU Market Dynamics
                           3.3.1. Market Driver Analysis
                           3.3.2. Market Restraint Analysis
                     3.4. Key Opportunities Prioritized
                     3.5. Industry Analysis Porter's
                     3.6. Tele-ICU Market PESTEL Analysis, 2015
Chapter 4. Tele-ICU Component Outlook
                     4.1. Tele-ICU Market Share ByComponent, 2015 & 2024
                     4.2. Hardware Component
                           4.2.1. Hardware Component Market Estimates and Forecasts, 2013 - 2024
                           4.2.2. Computer System
                                   4.2.2.1. Computer System Market Estimates and Forecasts, 2013 - 2024
                           4.2.3. Communication Lines
                                   4.2.3.1. Communication Lines Market Estimates and Forecasts, 2013 - 2024
                           4.2.4. Physiological Monitors
                                   4.2.4.1. Physiological Monitors Market Estimates and Forecasts, 2013 - 2024
                           4.2.5. Therapeutic Devices
                                   4.2.5.1. Therapeutic Devices Market Estimates and Forecasts, 2013 - 2024
                           4.2.6. Video Feed
                                   4.2.6.1. Video Feed Market Estimates and Forecasts, 2013 - 2024
                           4.2.7. Display Panels
                                   4.2.7.1. Display Panels Market Estimates and Forecasts, 2013 - 2024
                     4.3. Software Component 
Chapter 5. Tele-ICU Types Outlook
                     5.1. Tele-ICU Market Share By Types, 2015 & 2024
                     5.2. Intensivist
                           5.2.1. Intensivist Tele -ICU Market Estimates and Forecasts, 2013 - 2024
                     5.3. Co-Managed
                           5.3.1. Co-Managed Tele -ICU Market Estimates and Forecasts, 2013 - 2024
                     5.4. Open
                           5.4.1. Open Tele -ICU Market Estimates and Forecasts, 2013 - 2024
                     5.5. Open With Consultant 
                           5.5.1. Open With Consultants Tele -ICU Market Estimates and Forecasts, 2013 - 2024
                     5.6. Others
                           5.6.1. Others Tele -ICU Market Estimates and Forecasts, 2013 - 2024
Chapter 6. Tele-ICU Regional Outlook
                     6.1. Tele-ICU Market Share By Region, 2015 & 2024
                     6.2. North America
                           6.2.1. North America Market Estimates and Forecasts, By Components, 2013 - 2024 (USD Million)
                                   6.2.1.1. U.S. Market Estimates and Forecasts
                                   6.2.1.2. Canada Market Estimates and Forecasts
                           6.2.2. North America Market Estimates and Forecasts, By Types, 2013 - 2024 (USD Million)
                                   6.2.2.1. U.S. Market Estimates and Forecasts
                                   6.2.2.2. Canada Market Estimates and Forecasts
                     6.3. Europe
                           6.3.1. Europe Market Estimates and Forecasts, By Components, 2013 - 2024 (USD Million)
                                   6.3.1.1. UK Market Estimates and Forecasts
                                   6.3.1.2. Germany Market Estimates and Forecasts
                           6.3.2. Europe Market Estimates and Forecasts, By Types, 2013 - 2024 (USD Million)
                                   6.3.2.1. UK Market Estimates and Forecasts
                                   6.3.2.2. Germany Market Estimates and Forecasts
                     6.4. Asia Pacific
                           6.4.1. Asia Pacific Market Estimates and Forecasts, By Components, 2013 - 2024 (USD Million)
                                   6.4.1.1. Japan Market Estimates and Forecasts
                                   6.4.1.2. China Market Estimates and Forecasts
                           6.4.2. Asia Pacific Market Estimates and Forecasts, By Types, 2013 - 2024 (USD Million)
                                   6.4.2.1. Japan Market Estimates and Forecasts
                                   6.4.2.2. China Market Estimates and Forecasts
                     6.5. Latin America
                           6.5.1. Latin America Market Estimates and Forecasts, By Components, 2013 - 2024 (USD Million)
                                   6.5.1.1. Brazil Market Estimates and Forecasts
                                   6.5.1.2. Mexico Market Estimates and Forecasts
                           6.5.2. Latin America Market Estimates and Forecasts, By Types, 2013 - 2024 (USD Million)
                                   6.5.2.1. Brazil Market Estimates and Forecasts
                                   6.5.2.2. Mexico Market Estimates and Forecasts
                     6.6. MEA
                           6.6.1. MEA Market Estimates and Forecasts, By Components, 2013 - 2024 (USD Million)
                                   6.6.1.1. South Africa Market Estimates and Forecasts
                                   6.6.1.2. Saudi Arabia Market Estimates and Forecasts
                           6.6.2. MEA Market Estimates and Forecasts, By Types, 2013 - 2024 (USD Million)
                                   6.6.2.1. South Africa Market Estimates and Forecasts
                                   6.6.2.2. Saudi Arabia Market Estimates and Forecasts
Chapter 7. Competitive Landscape
                     7.1. Advanced ICU care
                           7.1.1. Company Overview
                           7.1.2. Financial Performance
                           7.1.3. Product Benchmarking
                           7.1.4. Strategic Initiatives
                     7.2. Banner Health
                           7.2.1. Company Overview
                           7.2.2. Financial Performance
                           7.2.3. Product Benchmarking
                           7.2.4. Strategic Initiatives
                     7.3. inTouch health
                           7.3.1. Company Overview
                           7.3.2. Financial Performance
                           7.3.3. Product Benchmarking
                           7.3.4. Strategic Initiatives
                     7.4. Philips (VISICU)
                           7.4.1. Company Overview
                           7.4.2. Financial Performance
                           7.4.3. Product Benchmarking
                           7.4.4. Strategic Initiatives
                     7.5. iMDsoft
                           7.5.1. Company Overview
                           7.5.2. Financial Performance
                           7.5.3. Product Benchmarking
                           7.5.4. Strategic Initiatives
                     7.6. UPMC Italy
                           7.6.1. Company Overview
                           7.6.2. Financial Performance
                           7.6.3. Product Benchmarking
                           7.6.4. Strategic Initiatives
                     7.7. INTELEICU
                           7.7.1. Company Overview
                           7.7.2. Financial Performance
                           7.7.3. Product Benchmarking
                           7.7.4. Strategic Initiatives
                     7.8. Tele ICU
                           7.8.1. Company Overview
                           7.8.2. Financial Performance
                           7.8.3. Product Benchmarking
                           7.8.4. Strategic Initiatives
                     7.9. INOVA
                           7.9.1. Company Overview
                           7.9.2. Financial Performance
                           7.9.3. Product Benchmarking
                           7.9.4. Strategic Initiatives
List of Tables

TABLE 1 Tele-ICU market - Industry Summary & Key Buying Criteria 
TABLE 2 Tele-ICU market, by component, 2013 - 2024 (USD million)
TABLE 3 Tele-ICU market, by type, 2013 - 2024 (USD million)
TABLE 4 Tele-ICU market, by region, 2013 - 2024 (USD Million)
TABLE 5 Tele-ICU- Key market driver analysis
TABLE 6 Tele-ICU- Key market restraint analysis
TABLE 7 North America tele-ICU market, by region, 2013 - 2024 (USD Million)
TABLE 8 North America tele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 9 North America tele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 10 U.S.tele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 11 U.S.tele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 12 Canadatele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 13 Canadatele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 14 Europetele-ICU market, by region, 2013 - 2024 (USD Million)
TABLE 15 Europetele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 16 Europetele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 17 UKtele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 18 UKtele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 19 Germanytele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 20 Germanytele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 21 Asia Pacifictele-ICU market, by region, 2013 - 2024 (USD Million)
TABLE 22 Asia Pacifictele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 23 Asia Pacifictele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 24 Japantele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 25 Japantele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 26 Chinatele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 27 Chinatele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 28 Latin America tele-ICU market, by region, 2013 - 2024 (USD Million)
TABLE 29 Latin Americatele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 30 Latin Americatele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 31 Braziltele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 32 Braziltele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 33 Mexico tele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 34 Mexico tele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 35 MEA tele-ICU market, by region, 2013 - 2024 (USD Million)
TABLE 36 MEA tele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 37 MEA tele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 38 South Africa tele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 39 South Africatele-ICU market, by type, 2013 - 2024 (USD Million)
TABLE 40 Saudi Arabiatele-ICU market, by component, 2013 - 2024 (USD Million)
TABLE 41 Saudi Arabiatele-ICU market, by type, 2013 - 2024 (USD Million) 


List of Figures

FIG. 1 Global tele-ICU: Market segmentation
FIG. 2 Global tele-ICU market, 2013 - 2024 (USD Million)
FIG. 3 Tele-ICU: Market dynamics
FIG. 4 Tele-ICU market - Porter's analysis
FIG. 5 Key opportunities prioritized
FIG. 6 Tele-ICU market - PESTEL Analysis
FIG. 7 Tele-ICU market share, by component, 2015 & 2024
FIG. 8 Hardware component market, 2013 - 2024 (USD Million)
FIG. 9 Computer system market, 2013 - 2024 (USD Million)
FIG. 10 Communication lines market, 2013 - 2024 (USD Million)
FIG. 11 Physiological monitors market, 2013 - 2024 (USD Million)
FIG. 12 Therapeutic market, 2013 - 2024 (USD Million)
FIG. 13 Video feed market, 2013 - 2024 (USD Million)
FIG. 14 Display panel market, 2013 - 2024 (USD Million)
FIG. 15 Software components market, 2013 - 2024 (USD Million)
FIG. 16 Tele-ICU market share, by types, 2015 & 2024
FIG. 17 Intensivist tele-ICU market, 2013 - 2024 (USD Million)
FIG. 18 Co-managed tele-ICU market, 2013 - 2024 (USD Million)
FIG. 19 Open tele-ICU market, 2013 - 2024 (USD Million)
FIG. 20 Open with consultants tele-ICU market, 2013 - 2024 (USD Million)
FIG. 21 Tele-ICU market share, by region, 2015 & 2024
FIG. 22 North America tele-ICU market, 2013 - 2024 (USD Million)
FIG. 23 U.S. tele-ICU market, 2013 - 2024 (USD Million)
FIG. 24 Canada tele-ICU market, 2013 - 2024 (USD Million)
FIG. 25 Europe tele-ICU market, 2013 - 2024 (USD Million)
FIG. 26 UK tele-ICU market, 2013 - 2024 (USD Million)
FIG. 27 Germany tele-ICU market, 2013 - 2024 (USD Million)
FIG. 28 Asia Pacific tele-ICU market, 2013 - 2024 (USD Million)
FIG. 29 Japan tele-ICU market, 2013 - 2024 (USD Million)
FIG. 30 China tele-ICU market, 2013 - 2024 (USD Million)
FIG. 31 Latin America tele-ICU market, 2013 - 2024 (USD Million)
FIG. 32 Mexico tele-ICU market, 2013 - 2024 (USD Million)
FIG. 33 Brazil tele-ICU market, 2013 - 2024 (USD Million)
FIG. 34 MEA tele-ICU market, 2013 - 2024 (USD Million)
FIG. 35 South Africa tele-ICU market, 2013 - 2024 (USD Million)
FIG. 36 Saudi Arabia tele-ICU market, 2013 - 2024 (USD Million)

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